Page-19 of SEBI Current Affairs, GK & News

SEBI auctions Govt. debt securities worth $9.34 bn

With the aim to attract foreign investors towards Indian debt market, market regulator SEBI auctioned government debt securities worth $9.34 billion (Rs 58,264 core) and it received bids worth $10.4 billion (Rs 64,908 crore). The FIIs were in a trend of selling their holdings after the US announced that it would taper the the $85-billion-a-month ..

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SEBI to go in for a major revamp

The market regulator Securities and Exchange Board of India (SEBI) has decided to go in for a major refurbishment of its role, vision and organisational set up with a stronger workforce and greater IT resources in order to improve focus on mobilizing household savings into capital markets and to strengthen its supervisory functions. It has ..

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CCEA nod to create Special National Investment Fund

The Cabinet Committee on Economic Affairs (CCEA) has approved a mechanism to bring down the government shareholding in its six sick companies to the required 90% or less. As per CCEA decision, a Special National Investment Fund will be created to transfer shares of these companies — HMT, Scooters India, Hindustan Photo Films Manufacturing Co, ITI, Andrew Yule ..

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President announces Securities Laws Amendment, 2013

President Pranab Mukherjee has announced the Securities Laws Amendment regulation, 2013. The ordinance was promulgated by the President following the powers granted to him by Clause 1 of Article 123 of Constitution. Securities and Exchange Board of India (Sebi) will now have more powers to deal with the deceptive investment schemes and to monitor call data records of people or companies alleged ..

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SEBI tightens buyback rules

SEBI has released new buyback norms and a number of other market friendly measures. Under the new rules: It is mandatory for companies selling shares to purchase at least 50% of the offer size. If they fail to do so, the amount in the escrow account will be forfeited, subject to a maximum of 2.5% of ..

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SEBI relaxes foreign investment norms; a new category Foreign Portfolio Investors (FPIs) approved

In a bid to attract a larger number of foreign investors to Indian capital markets, SEBI approved a slew of changes. Among the major changes are simplification of registration and compliance requirements for foreign investors. As per new measures: A new category Foreign Portfolio Investors (FPIs) has been approved; it blends various classes of investors such as ..

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